Please help. Thanks!

Data for Hill Oil Company are as follows for all US properties: Acquisition costs of unproved property, net of impairment .. $ 300,000 Nondrilling evaluation costs of unproved propertydirect.. 400,000 Abandoned costs ...... 100,000 Dry holes on unproved property 600,000 Capitalized costs of proved property. 2,400,000 Costs of major development project (costs not included above) 800,000 Accumulated DD&A (assume same for part a and part b)... 700,000 Deferred income taxes..... 500,000 PV of future gross revenue 4,100,000 PV of future related costs... 1,4 00 Income tax effectsbooks versus tax. 500,000 LCM of unproved properties. 550,000 Assume "costs of major development project" is related to proved property where reserves are not yet quantified. Ignore Taxes. In 000s Acquisition costs of unproved properties 300 Nondrilling evaluation of unproved properties - specific 400 Abandoned costs 100 Dry holes, unproved property 600 Capitalized costs of proved property 2,400 Costs of major development project (not included above) 800 Accumulated DD&A (same for parts a and b) (700) Net capitalized costs 3,900 A. Max Exclusions B. No Exclusions Ceiling test PV of future gross revenues PV of future related costs PV of revenues, net Cost of properties not being amortized: Ceiling Write down Needed? Data for Hill Oil Company are as follows for all US properties: Acquisition costs of unproved property, net of impairment .. $ 300,000 Nondrilling evaluation costs of unproved propertydirect.. 400,000 Abandoned costs ...... 100,000 Dry holes on unproved property 600,000 Capitalized costs of proved property. 2,400,000 Costs of major development project (costs not included above) 800,000 Accumulated DD&A (assume same for part a and part b)... 700,000 Deferred income taxes..... 500,000 PV of future gross revenue 4,100,000 PV of future related costs... 1,4 00 Income tax effectsbooks versus tax. 500,000 LCM of unproved properties. 550,000 Assume "costs of major development project" is related to proved property where reserves are not yet quantified. Ignore Taxes. In 000s Acquisition costs of unproved properties 300 Nondrilling evaluation of unproved properties - specific 400 Abandoned costs 100 Dry holes, unproved property 600 Capitalized costs of proved property 2,400 Costs of major development project (not included above) 800 Accumulated DD&A (same for parts a and b) (700) Net capitalized costs 3,900 A. Max Exclusions B. No Exclusions Ceiling test PV of future gross revenues PV of future related costs PV of revenues, net Cost of properties not being amortized: Ceiling Write down Needed